The global automotive exhaust gas recirculation market is poised to witness a favorable growth at an admirable CAGR over the assessment period (2017-2023). The automotive exhaust gas recirculation (EGR) system is a form of car emission control system. This helps in reducing the NOx (nitrogen oxides) in the exhaust gas. EGR valves allows cars to be environment friendly along with being cost effective as it helps to save fuel. This is a proven technology both in off and on-highway applications. Its impact on the envelope or the engine packaging is minimal. Exhaust gas recirculation can benefit from the improved consumption of fluid over the non-EGR system.
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Leading players profiled in the automotive exhaust gas recirculation market include ElringKlinger AG AND IAV GmbH, Friedrich Boysen GmbH & Co. KG, Eberspächer Climate Control Systems GmbH & Co. KG, DENSO Europe B.V, Delphi ANSYS Inc., Cambustion Ltd., BorgWarner Inc., Wells Vehicle Electronics, Mahle GMBH and others.
Market Analysis:
There are plentiful factors that is boosting the growth of the automotive exhaust gas recirculation market. These factors as per the Market Research Future (MRFR) report include increase in the number of vehicles owing to enhanced spending of individuals, growing demand from commercial and passenger vehicle, rising research and development activities by key players to create affordable products, growing urbanization, increasing disposable income, and growing economic status. On the contrary, availability of alternative systems coupled with strict regulations concerning the certification of such systems are factors that may impede the growth of the automotive exhaust gas recirculation market over the assessment period.
Market Segmentation:
MRFR report provides an extensive segmental analysis of the automotive exhaust gas recirculation market on the basis of product type, vehicle type and application.
Based on product type, it is segmented into EGR pipe, EGR valve, and EGR cooler. Of these, the EGR valve will have the largest share in the market over the assessment period.
Based on vehicle type, the automotive exhaust gas recirculation market is segmented into heavy & commercial vehicle, light commercial vehicle and passenger vehicle. Of these, passenger vehicle will dominate the market over the assessment period.
Based on application, it is segmented into diesel and gasoline. Of these, gasoline will lead the market over the assessment period.
Regional Analysis:
By region, the automotive exhaust gas recirculation market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. The automotive industry in the previous few years has flourished worldwide with various technologies being introduced in the market. Of all, the APAC region will rule the roost in the automotive exhaust gas recirculation market over the assessment period. This is owing to the existence of emerging economies namely Japan, South Korea, India and China. Besides, many automotive giants are focusing on the region and planned in expanding their operations here. Towards the completion of the forecast period, the automotive exhaust gas recirculation market is predicted to experience cutthroat competition amid Europe and North America with regards to market share and revenue.
May 2019- Automotive giant, Mahindra being dependent largely on diesel engines is intensely working in upgrading its commercial and passenger vehicle portfolio as per the latest emission norms. Recently, PowerStroke PS discovered numerous prototypes on the highway, testing its upgraded powertrain and it was observed that every vehicle featured the sticker “BS-VI D” adjacent the fuel filler cap. This fleet comprised of Supro, Bolero and XUV500s in people and load carrying avatars. Most of them are predicted in employing its existing diesel engines with latest emission reducing measures namely improved exhaust gas recirculation (EGR), diesel particulate filter and selective catalytic converter while some may get all-new engines. According to the emission standards of BS-VI, the diesel engine especially of light duty vehicles must cut down its NOx emissions via 68% in comparison to the standards of BS-VI. Resting on the class of the vehicle, the particulate matter emissions require in being reduced via 82-93%.
List of Tables:
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 LASER STRIKE CONCERNS 27
TABLE 3 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION) 33
TABLE 4 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION) 37
TABLE 5 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY REGION, 2016-2023 (USD MILLION) 47
TABLE 6 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY COUNTRY, 2016-2023 (USD MILLION) 48
TABLE 7 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION) 49
TABLE 8 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION) 50
TABLE 9 U.S.: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION) 50
TABLE 10 U.S.: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION) 51
TABLE 11 CANADA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY VEHCILE PRODUCT TYPE, 2016-2023 (USD MILLION) 51
Continued…
List of Figures:
FIGURE 1 KEY TAKEAWAYS OF THE AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET 16
FIGURE 2 KEY BUYING CRITERIA OF AUTOMOTIVE EXHAUST GAS RECIRCULATIONS 16
FIGURE 3 RESEARCH PROCESS OF MRFR 17
FIGURE 4 TOP DOWN & BOTTOM UP APPROACH 19
FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET 21
FIGURE 6 ADVANTAGES OF LASER RANGEFINDERS 26
FIGURE 7 MAJOR CHEMICALS USED TO CREATE SMOKE SCREENS 28
FIGURE 8 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016 (% SHARE) 32
FIGURE 9 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016 TO 2023 (USD MILLION) 33
FIGURE 10 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016 (% SHARE) 36
FIGURE 11 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016 TO 2023 (USD MILLION) 37
FIGURE 12 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY REGION, 2016 TO 2023 (USD MILLION) 46
FIGURE 13 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 47
FIGURE 14 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016 TO 2023 (USD MILLION) 48
Continued…
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